Meteoric Resources NL (RNF) — Financial Flexibility Index

Latest as of June 2023: -3.12x

Meteoric Resources NL (RNF) has a Financial Flexibility Index of -3.12x as of June 2023. Free cash flow of €-6.91 Million (operating CF €-6.92 Million minus capex €8.47K) represents -3% of total liabilities (€2.21 Million). Check how tangible is Meteoric Resources NL's equity to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-3.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

€-6.91 Million
Operating CF − Capex

Total Liabilities

€2.21 Million
EUR

Capital Expenditures

€8.47K
EUR

Meteoric Resources NL Financial Flexibility Index (2014–2023)

Historical Financial Flexibility Index trend for Meteoric Resources NL across 10 annual periods. For the full cash flow conversion analysis, see Meteoric Resources NL operating cash flow efficiency.

Annual Financial Flexibility Index for Meteoric Resources NL (2014–2023)

Year-by-year free cash flow to debt coverage for Meteoric Resources NL. Explore how well can Meteoric Resources NL service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2023 -7.43x €-16.43 Million €-16.45 Million €2.21 Million ▲ +36.9%
2022 -11.78x €-5.01 Million €-5.02 Million €425.66K ▲ +12.8%
2021 -13.51x €-7.13 Million €-7.22 Million €527.73K ▲ +37.5%
2020 -21.63x €-4.88 Million €-5.76 Million €225.78K ▼ -507.1%
2019 -3.56x €-1.36 Million €-2.31 Million €382.27K ▲ +72.6%
2018 -13.02x €-3.14 Million €-3.14 Million €241.44K ▼ -510.9%
2017 -2.13x €-433.22K €-434.59K €203.32K ▲ +15.2%
2016 -2.51x €-347.42K €-407.24K €138.32K ▼ -270.9%
2015 -0.68x €-121.26K €-386.55K €179.08K ▲ +84.2%
2014 -4.29x €-265.39K €-483.22K €61.79K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities